{"data":{"id":"us-nyc/n.y.c.-admin.-code-28-418.3.1","jurisdiction":"us-nyc","citation":"N.Y.C. Admin. Code § 28-418.3.1","heading":"§ 28-418.3.1 Financial solvency.","body":"For the purposes of this article, financial solvency shall mean that the applicant's operating capital shall exceed $25,000.","path":["New York City Administrative Code","Title 28","Chapter 4: Licensing and Registration of Businesses, Trades and Occupations Engaged in Building Work"],"source_url":"https://files.amlegal.com/pdffiles/NewYorkCity/Admin/XML.zip","current_through":"Local Law 2026/135 (enacted August 31, 2026)","vintage":"","retrieved_at":"2026-09-06T02:48:57Z","sha256":"02a930a0013fe82317ffed7dc040e47a6ee4159527983c9be811520010ea4f40","source_id":"us-nyc","stale":false,"prev":"us-nyc/n.y.c.-admin.-code-28-418.3","next":"us-nyc/n.y.c.-admin.-code-28-418.4"},"notice":"GroundRules: Original legal text. Not legal advice."}